Record fund raising by companies through IPO in 2021
- In 2021 63 companies raised Rs 1.19 lakh crores through Initial Public Offerings (IPO).
- This is 4.5 times more than the fund raised in 2020 by the companies .
- In 2020 15 companies raised Rs 26,613 crore from the market through IPO.
- The largest IPO ever in India was that of One 97 Communication ,the parent company of Paytm of Rs 18,300 crore.
IPO (Initial Public Offerings ) When an unlisted company sells its equity shares to the public to raise capital.
Here unlisted company means a company whose equity shares are not listed on any stock exchange like NSE,BSE etc in India.
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